USDJPY SHORT! Yen near Reversal to satisfy Shorts!

Short

Indice Yen giapponese (TVC:JXY)

Aggiornato

TVC:JXY Indice Yen giapponese

chartpattern beyondta usdjpy usdjpyanalysis usdjpyidea usdjpytrade

Overview:

Yen has failed remarkably at 87.34 - 89.17 Buy-zone where Buyers previously shored Support.

87.34 - 82.37 is a Major Buy-zone layered with numerous Buy-levels which, so far, all have failed to attract Buyers.

So what are the chances USDJPY will experience the unprecedented and anticipated Selloff?

First the Yen has to find Buyers. Technically, The Buy-zone has now drastically narrowed to 81.89 through 79.56 zone or lower to 77.54 --Or through tests at the Trend-line. It is not clear how long Buyers will take to raise the Yen index-- But it is Clear where they have the Best chance to reverse the Index.

Note: Idea is to complement your research.

Check comments section for future updates on idea.

Like this idea? Like, Share, Comment, Follow, (...)

Thank you. Happy Trading.

Commento:

Commento:

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.